UBS Global Asset Management has confirmed Southwark Council will rent a property development in London Bridge for £7.5m a year.
The property, 160 Tooley Street, is owned by UBS South East Recovery Fund (SERF) and has been leased to Southwark Council for 25 years at a rate of £38.50 per square foot, with five yearly rent reviews....
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.